Scoop: Trump raises over $5 million in first 48 hours after indictment news

Former President Trump is driven from his Trump International Golf Club in West Palm Beach, Fla., on Saturday. Photo: Chandan Khanna/AFP via Getty Images

Former President Trump has raised more than $5 million since news of his indictment broke late Thursday — over $4 million in the first 24 hours and over $1 million in the second 24 hours, a Trump official told Axios on Saturday night.

Why it matters: The donation gusher validates the view of most top Republicans that the expected indictment from Manhattan District Attorney Alvin Bragg, at least in the short term, will help Trump’s effort to build a formidable lead for the 2024 Republican presidential nomination.

By the numbers: In announcing the initial $4 million haul, Trump’s campaign noted that over 25% of the donations came from first-time donors to him.

  • That figure wasn’t available for the Saturday donations.

What we’re hearing: Trump officials weren’t sure the donation bump would last past the first day.

  • “This is someone who has run twice for president of the United States,” Jason Miller, a Trump campaign senior adviser, told me.
  • “There’s a whole new group of Trump supporters who are angered by what they see as this political persecution.”

What they’re saying: The campaign tells Axios that 16,000+ volunteers signed up on his website in 24 hours.

  • Steven Cheung, Trump campaign spokesman, told Axios: “The Manhattan DA’s crusade against President Donald J. Trump is nothing more than political persecution and, just like with every other hoax that President Trump has been targeted with, there is no crime whatsoever, except for election interference by radical Democrats through weaponization of our justice system against President Trump and his supporters.”

The latest: “Trump’s legal team is considering asking to move his criminal case from Manhattan to the more conservative New York borough of Staten Island out of concern that he won’t be able to get a fair trial,” Bloomberg News reported Saturday.

What’s next: Trump is expected to travel from Mar-a-Lago in Palm Beach, Florida, to Manhattan on Monday, then stay in Trump Tower that night. He’ll surrender on Tuesday, then return to Mar-a-Lago after the arraignment.

Read More
Mike Allen

Latest

The Area Where Duke Could Dominate College Basketball Next Season

Basketball The Duke basketball program will enter the 2026-27...

Don’t call us just a WLFI treasury company, says AI Financial

The company says it is building a broader fintech, tokenization and digital infrastructure business, but its latest SEC filing shows WLFI still dominates the balance sheet. May 21, 2026, 5:20 a.m. 2 min read Make preferred on AI Financial, formerly known as Alt5 Sigma, wants the market to know that it's more than just its

The new art of war is just as bloody as the old

For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID 9ff3d58409635031 Status Code 403

Navigate Sole Trader Registration With This Step-By-Step Guide

Steering sole trader registration can seem intimidating, but it doesn’t have to be. You’ll begin by selecting a unique business name and, if needed, filing an Assumed Name Certificate. Next, securing an Employer Identification Number (EIN) is vital for tax purposes. Opening a dedicated business bank account helps maintain financial clarity. Comprehending the necessary licenses

Newsletter

Don't miss

The Area Where Duke Could Dominate College Basketball Next Season

Basketball The Duke basketball program will enter the 2026-27...

Don’t call us just a WLFI treasury company, says AI Financial

The company says it is building a broader fintech, tokenization and digital infrastructure business, but its latest SEC filing shows WLFI still dominates the balance sheet. May 21, 2026, 5:20 a.m. 2 min read Make preferred on AI Financial, formerly known as Alt5 Sigma, wants the market to know that it's more than just its

The new art of war is just as bloody as the old

For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID 9ff3d58409635031 Status Code 403

Navigate Sole Trader Registration With This Step-By-Step Guide

Steering sole trader registration can seem intimidating, but it doesn’t have to be. You’ll begin by selecting a unique business name and, if needed, filing an Assumed Name Certificate. Next, securing an Employer Identification Number (EIN) is vital for tax purposes. Opening a dedicated business bank account helps maintain financial clarity. Comprehending the necessary licenses

What Makes an Effective Accounts Receivable Management Strategy?

An effective accounts receivable management strategy is essential for maintaining healthy cash flow in your business. It starts with clear communication about payment terms and a streamlined invoicing process that reduces errors. Implementing solid credit policies helps assess customer risk, as well as leveraging technology can improve efficiency. By monitoring key performance indicators, you can

Tesla’s Business Has Become Much More Diversified in Just the Past Five Years. Does That Make Its Stock a Better Buy Today?

Key Points Tesla's energy generation and storage segment generated 27% revenue growth last year. The company's non-automotive segments were able to help offset a double-digit decline in auto revenue in 2025. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) is known for its electric vehicles (EVs), and while they

WD sees sustainability as key business driver in an ‘AI economy’

Hard drive company WD promoted long-term operations and sustainability executive Jackie Jung to become its first chief sustainability officer in February, as it steps up sales to companies building AI data centers. Her vision: Turn sustainability into a “brand” for WD, a strategy that reduces risk for the $6 billion company (formerly known as Western

5 Business Ideas Worth Starting in 2026

If there is one thing Nigerians understand well, it is how to spot opportunity inside hardship. In 2026, that mindset will matter more than ever. The economy is tough, competition is rising, and many people are looking for smarter ways to earn, build, and survive. But even in a difficult environment, some businesses still stand